Advisers to General Motors' bondholders said today they have presented a framework plan to President Barack Obama's autos task force and the company that provides GM's best chance for an out-of-court restructuring.
Full story...
Auto parts supplier Noble International Ltd. said on Monday it is seeking short-term funding from the Detroit 3 automakers, and without the help it is unlikely it will be able to maintain operations to March 23.
Full story...
Auto parts supplier Noble International Ltd. said on Monday it is seeking short-term funding from the Detroit 3 automakers, and without the help it is unlikely it will be able to maintain operations to March 23.
Full story...
Sonic Automotive Inc., which suspended its dividend last month to save cash, said its auditors may raise doubts about the dealership group's ability to continue as a going concern.
Full story...
The Florida Automobile Dealers Association is going on the offensive to help dealers protect themselves should they, General Motors or Chrysler LLC enter bankruptcy. Other topics will help dealers manage their stores in a recession.
Full story...
The Florida Automobile Dealers Association is going on the offensive to help dealers protect themselves should they, General Motors or Chrysler LLC enter bankruptcy. Other topics will help dealers manage their stores in a recession.
Full story...
Three future Mustang classics will be auctioned off at the seventh annual Barrett-Jackson event April 9-11 in Palm Beach, Fla.
Full story...
Check out AmericanMuscle.com and their large selection of
Mustang License Plates.
After shunning broadcast advertising for most of the first quarter, American Suzuki Motor Corp. returns to TV todaywith commercials for the SX4 small sedan and hatchback.
Full story...
Visteon Corp. said today that it expects its auditors to issue a "going concern" warning about the company because of industry conditions and the supplier's cash situation. In a regulatory filing, the former Ford Motor Co.
Full story...
Visteon Corp. said today that it expects its auditors to issue a "going concern" warning about the company because of industry conditions and the supplier's cash situation. In a regulatory filing, the former Ford Motor Co.
Full story...
Compass Automotive Group LLC has purchased the aluminum and magnesium die casting and machining operations of supplier Citation Corp., in Compass' most recent acquisition of an aluminum components company.
Full story...
State-run Life Insurance Corp of India (LIC) has raised its stake in engine maker Cummins India by 2.18% via open market purchases, the insurer said in a statement to the stock exchange.
Full story...
The Colombian government has confirmed a COP50bn bailout to help the local auto industry cope with a 20% sales decrease.
Full story...
Russian tyre producer Amtel-Povolzhye's output declined by 65% year-on-year to 308,700 tyres in the January-February period, according to data released Monday through Prime-Tass.
Full story...
Chrysler LLC's alliance with Fiat S.p.A. will eventually exceed the value of all loans Chrysler gets from the U.S. government, Chrysler CEO Bob Nardelli told employees in an e-mail message today.
Full story...
Chrysler LLC's alliance with Fiat S.p.A. will eventually exceed the value of all loans Chrysler gets from the U.S. government, Chrysler CEO Bob Nardelli told employees in an e-mail message today.
Full story...
Muscle car’s nose has been grafted on to Japanese-market Stagea.
Full story...
South Africa's biggest auto industry union has urged the government to rescue any group facing collapse. It also said that companies which benefit from bailouts must agree to protect jobs.
Full story...
The Chevrolet Camaro, which started production this morning in Canada, carries a best-in-class fuel economy rating of 29 mpg on the highway -- two miles per gallon higher than General Motors estimated.
Full story...
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
